101 Sodrac Dr, North Sioux City, SD 57049

65 Room Hotel | North Sioux City, SD 57049 | $6,000,000 ($92,308/Room) | 10% Cap Rate

Asking Price $6,000,000

Property Type
Hospitality
Square Feet
37,786 SF

Listing Contacts

Dale Zomer
Dale Zomer
  • Property Info

Property Overview

-Cap Rate: 10.00%
-Price per Room: $89,552.24
-Price/SF: $157.21
-ADR: $105.62
-GRM: 3.75Xs from 2023 #s
-REV PAR: $61.72
-2023 Revenue: $1,797,703
-2023 Real Estate Taxes: $26,114
-2024 Projected Revenue: $1,850,000
-Financials available upon request with signed CA
-Building Size: 38,166 SF
-# of Rooms: 67
-Lot Size: 1.40 AC (60,984 SF)
-2024 Occupancy: 59.79%

Property Details

Class
C
Year Built
1999
Stories
3
Property Subtype
Hotel
Lot Size (sq. ft)
60,984 SF
Units
65

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